7 bedroom end of terrace house for sale

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7 bedroom end of terrace house for sale

High Street, Wooler, Northumberland, NE71
£615,000

Price History

Initial price £650,000
31/08/24 £615,000
Price Change -5.38%

Description

Arlington House Hotel is a recently developed self-check-in hotel in the heart of Wooler, Northumberland, offering 7 high-spec en-suite bedrooms. The property is situated on the High Street, surrounded by stunning scenery and close to the Northumberland National Park and Cheviot Hills. Each bedroom is uniquely decorated and features a super king bed, en-suite bathroom, kitchenette, and ample storage. The hotel benefits from modern technology, including a ResiCentral system that monitors rooms and controls heating levels. The property has been successfully operating since 2024, with forecasted nightly rates between £90-£137 and occupancy at 65%. Estimated annual net income is £106,176, providing a yield of 17.3%. The property is available for purchase at a guide price of £615,000, offering a rare opportunity to acquire a high-yielding asset in a growing town with increasing demand for high-quality accommodation.